Summary by Moomoo AI
Shangtang Group Co., Ltd. will hold its annual general meeting of shareholders on June 26, 2024 at 3 p.m. in Xuhui District, Shanghai, China. The meeting will discuss issues including the review of the financial statements for 2023, the election of directors, the determination of director remuneration, share repurchases and issuances. The meeting will review the election of Dr. Lin Dahua as executive director and the re-election of Xu Li, Fan Huanshan, and Xue Lan as directors. In addition, the meeting will authorize the board of directors to repurchase no more than 10% of the total issued shares of Class B shares and to issue no more than 20% of the Class B shares under certain conditions. Shareholders will also consider reappointing PwC as the auditor and reviewing the amendment to the 2022 restricted share unit plan. Shareholders can exercise their voting rights through a proxy form and must submit it before June 24, 2024. Share transfer registration will be suspended from June 20 to June 26, 2024.
